MIRAE ASSET
CASH MANAGEMENT FUND - (MACMF)
(Liquid Fund - An open ended liquid scheme)
A relatively low interest rate risk and moderate credit risk
| Type of Scheme | Liquid Fund - An open ended Liquid scheme A relatively low interest rate risk and moderate credit risk |
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| Investment Objective | The investment objective of the scheme is to generate consistent returns with a high level of liquidity in a judicious portfolio mix comprising of money market and debt instruments. The Scheme does not guarantee any returns |
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Fund Manager** |
Mr. Abhishek Iyer (since December 28, 2020) Allotment Date |
12th January, 2009 Benchmark Index |
NIFTY Liquid Index B-I Minimum Investment |
Amount ₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) Monthly and Quarterly: ₹ 1000/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option. Load Structure |
Entry load: NA Exit load:  Plans Available |
Regular Plan and Direct Plan Options Available |
Growth Option and IDCW Option (Payout & Re-investment) Monthly Average AUM (₹ Cr.) as on November 30, 2023 |
10,554.62 Net AUM (₹ Cr.) |
1,1780.96 Monthly Total Expense Ratio |
(Including Statutory Levies) as on November 30, 2023 Regular Plan: 0.23% Direct Plan: 0.12% **For experience of Fund Managers Click Here |
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| NAV: | Direct | Regular |
| Growth | ₹ 2,488.1566 | ₹ 2,449.9722 |
| Daily IDCW | ₹ 1,075.8332 | ₹ 1,066.4347 |
| Weekly IDCW | ₹ 1,216.4438 | ₹ 1,152.7776 |
| Monthly IDCW | ₹ 1,135.9517 | ₹ 1,153.6486 |
| Average Maturity | 45.24 Days |
| Modified Duration | 0.12 Yrs |
| Macaulay Duration | 0.12 Yrs |
| Annualized Portfolio YTM* | 7.27% |
*In case of semi annual YTM, it will be annualized.
| Portfolio Holdings | % Allocation |
| Commercial Paper | |
| REC Ltd (27/12/2023)**# | 3.38% |
| NABARD (08/02/2024)**# | 1.88% |
| Reliance Retail Ventures Ltd (20/12/2023)**# | 1.69% |
| Grasim Industries Ltd (29/01/2024)**# | 1.68% |
| Sikka Ports and Terminals Ltd (23/02/2024)**# | 1.67% |
| Reliance Retail Ventures Ltd (16/02/2024)**# | 1.67% |
| Larsen & Toubro Ltd (29/12/2023)**# | 1.48% |
| Small Ind Dev Bk of India (25/01/2024)**# | 1.09% |
| Bharti Telecom Ltd (05/12/2023)**# | 0.85% |
| Export Import Bank of India (20/12/2023)**# | 0.85% |
| Godrej Consumer Products Ltd (21/12/2023)**# | 0.85% |
| Grasim Industries Ltd (12/12/2023)**# | 0.85% |
| The Ramco Cements Ltd (04/12/2023)**# | 0.85% |
| Aditya Birla Fashion & Rtl Ltd (06/12/2023)**# | 0.85% |
| Reliance Retail Ventures Ltd (04/12/2023)**# | 0.85% |
| Shriram Finance Ltd (14/12/2023)**# | 0.85% |
| Small Ind Dev Bk of India (07/12/2023)**# | 0.85% |
| Small Ind Dev Bk of India (15/12/2023)**# | 0.85% |
| Tata Steel Ltd (06/12/2023)**# | 0.85% |
| Bajaj Finance Ltd (17/01/2024)**# | 0.84% |
| Bajaj Housing Finance Ltd (28/12/2023)**# | 0.84% |
| Godrej Consumer Products Ltd (22/01/2024)**# | 0.84% |
| HDFC Securities Ltd (25/01/2024)**# | 0.84% |
| ICICI Securities Ltd (05/02/2024)**# | 0.84% |
| Sikka Ports and Terminals Ltd (09/02/2024)**# | 0.84% |
| Small Ind Dev Bk of India (22/12/2023)**# | 0.84% |
| TV18 Broadcast Ltd (01/03/2024)**# | 0.83% |
| NABARD (22/02/2024)**# | 0.83% |
| Network18 Media & Invst Ltd (27/02/2024)**# | 0.83% |
| Reliance Industries Ltd (28/02/2024)**# | 0.83% |
| Reliance Retail Ventures Ltd (23/02/2024)**# | 0.83% |
| Sundaram Finance Ltd (23/02/2024)**# | 0.83% |
| Tata Steel Ltd (19/02/2024)**# | 0.83% |
| Aditya Birla Money Ltd (08/12/2023)**# | 0.64% |
| Godrej Industries Ltd (01/12/2023)**# | 0.64% |
| Bajaj Finance Ltd (16/02/2024)**# | 0.63% |
| Godrej Housing Finance Ltd (28/12/2023)**# | 0.63% |
| Godrej Industries Ltd (19/01/2024)**# | 0.63% |
| Godrej Industries Ltd (25/01/2024)**# | 0.63% |
| Godrej Industries Ltd (01/02/2024)**# | 0.63% |
| Motilal Oswal Fin Ser Ltd (05/02/2024)**# | 0.63% |
| Shriram Finance Ltd (23/02/2024)**# | 0.62% |
| 360 One Prime Ltd (08/12/2023)**# | 0.55% |
| Aditya Birla Housing Finance (22/01/2024)**# | 0.42% |
| Aditya Birla Money Ltd (22/12/2023)**# | 0.42% |
| Bajaj Finance Ltd (14/12/2023)**# | 0.42% |
| TV18 Broadcast Ltd (05/12/2023)**# | 0.42% |
| TV18 Broadcast Ltd (29/12/2023)**# | 0.42% |
| HDFC Securities Ltd (05/12/2023)**# | 0.42% |
| HDFC Securities Ltd (26/12/2023)**# | 0.42% |
| HDFC Securities Ltd (22/02/2024)**# | 0.42% |
| ICICI Securities Ltd (26/12/2023)**# | 0.42% |
| ICICI Securities Ltd (22/02/2024)**# | 0.42% |
| 360 One Prime Ltd (31/01/2024)**# | 0.42% |
| Julius Baer Cap India Pvt Ltd (21/02/2024)**# | 0.42% |
| Kotak Securities Ltd (14/12/2023)**# | 0.42% |
| Kotak Securities Ltd (29/12/2023)**# | 0.42% |
| Motilal Oswal Fin Ser Ltd (22/12/2023)**# | 0.42% |
| Network18 Media & Invst Ltd (05/12/2023)**# | 0.42% |
| Network18 Media & Invst Ltd (19/01/2024)**# | 0.42% |
| Redington Ltd (14/12/2023)**# | 0.42% |
| Tata Capital Fin Ser Ltd (19/01/2024)**# | 0.42% |
| Tata Capital Fin Ser Ltd (29/01/2024)**# | 0.42% |
| Tata Motors Finance Ltd (16/02/2024)**# | 0.42% |
| Tata Power Company Ltd (08/12/2023)**# | 0.42% |
| Birla Group Holdings Pvt Ltd (09/02/2024)**# | 0.33% |
| Redington Ltd (18/12/2023)**# | 0.21% |
| Commercial Paper Total | 51.59% |
| Certificate of Deposit | |
| Punjab National Bank (20/02/2024)**# | 1.67% |
| Axis Bank Ltd (14/02/2024)**# | 1.46% |
| Bank of Baroda (07/12/2023)**# | 0.85% |
| Canara Bank (13/12/2023)**# | 0.85% |
| Bank of Baroda (29/01/2024)**# | 0.84% |
| Bank of Baroda (15/02/2024)**# | 0.84% |
| Canara Bank (22/12/2023)**# | 0.84% |
| Union Bank of India (09/02/2024)**# | 0.84% |
| Canara Bank (27/02/2024)**# | 0.83% |
| Canara Bank (22/02/2024)**# | 0.83% |
| HDFC Bank Ltd (20/02/2024)**# | 0.83% |
| IDFC First Bank Ltd (26/02/2024)**# | 0.83% |
| Indian Bank (22/02/2024)**# | 0.83% |
| Union Bank of India (21/02/2024)**# | 0.83% |
| Axis Bank Ltd (27/02/2024)**# | 0.83% |
| Canara Bank (21/02/2024)**# | 0.78% |
| Bank of Baroda (18/01/2024)**# | 0.63% |
| Axis Bank Ltd (19/01/2024)**# | 0.63% |
| HDFC Bank Ltd (05/02/2024)**# | 0.46% |
| Bank of Baroda (25/01/2024)**# | 0.42% |
| Canara Bank (14/12/2023)**# | 0.42% |
| HDFC Bank Ltd (12/01/2024)**# | 0.42% |
| Indian Bank (05/02/2024)**# | 0.42% |
| Indian Bank (14/02/2024)**# | 0.42% |
| Punjab National Bank (04/12/2023)**# | 0.42% |
| Small Ind Dev Bk of India (14/02/2024)**# | 0.42% |
| Small Ind Dev Bk of India (31/01/2024)**# | 0.42% |
| Axis Bank Ltd (08/02/2024)**# | 0.21% |
| Certificate of Deposit Total | 20.07% |
| Treasury Bill | |
| 91 Days Tbill (07/12/2023) | 2.76% |
| 182 Days Tbill (21/12/2023) | 2.58% |
| 182 Days Tbill (07/12/2023) | 2.12% |
| 91 Days Tbill (29/12/2023) | 2.11% |
| 91 Days Tbill (29/02/2024) | 2.09% |
| 91 Days Tbill (25/01/2024) | 1.85% |
| 364 Days Tbill (28/12/2023) | 1.69% |
| 91 Days Tbill (15/02/2024) | 1.67% |
| 91 Days Tbill (22/02/2024) | 1.67% |
| 91 Days Tbill (08/02/2024) | 1.26% |
| 91 Days Tbill (01/02/2024) | 0.84% |
| Treasury Bill Total | 20.64% |
| Corporate Bond | |
| 5% Kotak Mah Prim Ltd (20/12/23)**# | 0.88% |
| 5.14% NABARDÂ (31/01/2024)**# | 0.21% |
| 4.57% Ultratech Cement Ltd (29/12/2023)**# | 0.21% |
| Corporate Bond Total | 1.30% |
| Corporate Debt Market Development Fund^ | |
| Class A2 units of Corporate Debt Market Development Fund # | 0.12% |
| Corporate Debt Market Development Fund Total | 0.12% |
| Cash & Other Receivables Total | 6.28% |
| Total | 100.00% |
** Thinly Traded / Non Traded Security # Unlisted Security
^Please refer to notice-cum-addendum no. 58/2023 https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum
| Returns (in%) | |||||||
| 7 D | 15 D | 30 D | 1 Y | 3 Yrs | 5 Yrs | SI | |
| MACMF | 6.83% | 6.80% | 6.88% | 6.96% | 4.92% | 5.17% | 6.20% |
| Scheme Benchmark* | 7.05% | 7.13% | 7.20% | 7.25% | 5.12% | 5.32% | 6.99% |
| Additional Benchmark** | 6.51% | 6.44% | 7.32% | 6.97% | 4.72% | 5.63% | 6.02% |
| NAV as on 30th November, 2023 | ₹ 2,449.9722 | ||||||
| Index Value ( 30th November, 2023) | Index Value of benchmark is 4,452.38 and CRISIL 1 Year T-Bill is 6,931.19 |
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| Allotment Date | 12th January, 2009 | ||||||
| Scheme Benchmark | *NIFTY Liquid Index B-I | ||||||
| Additional Benchmark | **CRISIL 1 Year T-Bill | ||||||
Fund manager : Mr. Abhishek Iyer managing the scheme since December 28, 2020.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 1000.00.Returns (%) for less than 1 year are calculated on simple annualized basis. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option>
This product is suitable for investors who are seeking*
. Optimal returns over short term
. Investment in a portfolio of short duration money market and debt instruments with residual maturity upto 91 days only.
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
| Quantum (₹ per unit) | |||
| Record Date | Individual | Corporate | NAV (₹ per unit) |
24-Aug-23 |
6.4447 |
6.4447 |
1,158.7475 |
25-Sep-23 |
6.7881 |
6.7881 |
1,159.0909 |
25-Oct-23 |
6.4575 |
6.4575 |
1,158.7603 |
24-Nov-23 |
6.4805 |
6.4805 |
1,158.7833 |
Face value 1000/-. Past Performance may or may not be sustained in future. Pursuant to payment of IDCW the NAV of the IDCW option of the scheme will fall to the extent of payout and statutory levy (if any). IDCW history is for MACMF- Regular Plan - Monthly IDCW Option